A commercial insurance policy is needed if you use your car in a business and it is titled to a business. This is different than using your personal car for business purposes; you can have a personal auto policy and get a business rate if the car is titled in your name. You need to explain how the car is being used and the name that the car is titled in when you speak to an Insurance Agent and they can let you know what type of policy you will need.
The commercial auto policy provides some of the same basic overages as a personal auto insurance policy. You will want to make sure you purchase Liability Coverage and this coverage will cover the injuries of people that are involved in an accident. The coverage will also cover medical bills and lost wages as well.
The next coverage that you will want to buy is the Collision Coverage; this coverage will pay for the repairs to your vehicle if you are involved in an accident and it does not matter who is at fault, your car will still be covered.
You will also want t purchase Comprehensive Coverage because this coverage will pay for claims that are caused by vandalism, fire, or hail to name a few of the items covered.
Also, you will want to purchase Uninsured Motorist Coverage so that you can have protection in case another person hit your car and they don't have any insurance. This coverage will also pay for injuries and any property damage that the accident might cause.
The Insurance Agent should recommend the proper amount of coverages that you will need, however, you need to make sure you buy deductibles that you can afford. So, ask for multiple quotes with different deductibles on the coverages to see what package will work out best for you. Also, I would recommend that you can quotes from at least three different companies before you make your decision.
Hi my name is Deovon and I write articles to help teach people about commercial insurance. I am the author of this article "Commercial automobile liability insurance". My site http://www.urtopics.com is about all around topics for different types of insurance.
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